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Discuss what is the average accounting return

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A project has an initial cost of $74,000 and a four-year life the company uses straight-line depreciation to a book value of zero over the life of the project the projected net income from the project is $3000, $4400, $5000, and $4500 a year for the next four years, respectively. What is the average accounting return?

Reference no: EM131794244

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